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Apr 22, 2013
04/13
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on whether or not the faa and government have a choice. >> we believe the faa has the discretion not to furlough the air traffic controllers, historically have never, ever in any situation been furloughs before because the frontline safety professionals keep the planes in the air, get them to the ground and keep travelers moving, keep shipping moving and that is critical to our economy, does not have to be this way. >> we believe the way their plan is constructed is going to maximize the disruption assuming it rules out and disruptions occurred. not a good situation. rich: the obama administration says the altar of the faa staff is personnel workers, the only way to comply with the numbers of these automatic but it cuts is you have to furlough air traffic controllers. back to you. liz: that to me seems everybody is overblown mess. what do you think? rich: it depends on where you go. when i started with a flight control system where there are no delays. differentiating if this is delayed because of weather or if jfk they are doing tarmac work or the wind at laguardia. the number of di
on whether or not the faa and government have a choice. >> we believe the faa has the discretion not to furlough the air traffic controllers, historically have never, ever in any situation been furloughs before because the frontline safety professionals keep the planes in the air, get them to the ground and keep travelers moving, keep shipping moving and that is critical to our economy, does not have to be this way. >> we believe the way their plan is constructed is going to...
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Apr 22, 2013
04/13
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there is real question as to whether or not the faa actually has a choice. >> the faa unlike other agencies is personnel heavy and, in the end you can not avoid, when 70% of your budget of your operating budget is personnel, you can not avoid when the cuts are as deep as they are in the sequester the kind of actions that are taken, these furloughs. that is an unfortunate fact of arbitrary, across-the-board cuts like this. >> the faa is playing politics and something they do very well because they can rely on their constituent groups, airlines and airport operators to run to congress in an attempt to put pressure on them to throw more money at the problem. >> so we have about a dozen flight delays here out of national airport, many of them going into new york area airports. it is tough to differentiate whether it is a problem with air traffic control or flying system you will get delays. you can't go into this assuming before sequestration and furloughs there were no delays at any airport. trying to figure out what the exact impact is rather difficult. however the airline industry said is co
there is real question as to whether or not the faa actually has a choice. >> the faa unlike other agencies is personnel heavy and, in the end you can not avoid, when 70% of your budget of your operating budget is personnel, you can not avoid when the cuts are as deep as they are in the sequester the kind of actions that are taken, these furloughs. that is an unfortunate fact of arbitrary, across-the-board cuts like this. >> the faa is playing politics and something they do very...
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Apr 22, 2013
04/13
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faa is saying there are delays basically close to coast. as far as specifics are concerned they could not provide us with any ties of numbers. that has a number about folks, especially republicans in congress say this is entirely structured by the faa to inflict what they say is maximum pain on airline travelers. this is comment about bill shoeser, the chairman of the transportation and infrastructure committee. he said disregard for the american public is indicative that the admin strution -- administration views the sequester as a attempt to score political points rather than address issues and than find real savings in a bloated federal brock bureaucracy. the way they arranged the law, they have few other options. >> the faa unlike other agencies is personnel heavy. in the end you can not avoid, when 70% of your operating budget is personnel you can not avoid when the cuts are deep as they are in the sequester the kind of actions that are taken, these furloughs. that is the unfortunate fact of arbitrary across-the-board cuts like this. >
faa is saying there are delays basically close to coast. as far as specifics are concerned they could not provide us with any ties of numbers. that has a number about folks, especially republicans in congress say this is entirely structured by the faa to inflict what they say is maximum pain on airline travelers. this is comment about bill shoeser, the chairman of the transportation and infrastructure committee. he said disregard for the american public is indicative that the admin strution --...
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Apr 23, 2013
04/13
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and without border security he is spending money on border security making faa slowdowns of using for one minute there will be money spent on border security on this administration you are nets. >> do they care what is in these things? look back gun-control. it was right off the mark with a mental health issues but they had a package and rush it through and expected it to pass. lou: when we come back, we will ask if there is any relationship between the fbi canceling last weenesday press conference and the president giving the address on the disappointment of the gun control agenda half an ho later. ho later. just asking. [ lorenzo ] i'm lorenzo. i work for 47 different companies. well, technically i work for one. that company, the united states postal service® works for thousands of home businesses. because at usps.com® you can pay, print and have your packages picked up for free. i can even drop off free boxes. i wear a lot of hats. well, technically i wear one. the u.s. postal service®, no business too small. [ male announcer ] a car that can actually see like e a hum, using ste
and without border security he is spending money on border security making faa slowdowns of using for one minute there will be money spent on border security on this administration you are nets. >> do they care what is in these things? look back gun-control. it was right off the mark with a mental health issues but they had a package and rush it through and expected it to pass. lou: when we come back, we will ask if there is any relationship between the fbi canceling last weenesday press...
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Apr 22, 2013
04/13
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and without border security he is spending money on border security making faa slowdowns of using for one minute there will be money spent on border security on this administration you are nets. >> do they care what is in these things? look back gun-control. it was right off the mark with a mental health issues but they had a package and rush it through and expected it to pass. lou: when we come back, we will ask if there is any relationship between the fbi canceling last weenesday press conference and the president giving the address on the disappointment of the gun control agenda half an hour later. just asking. we will be right back... and with that: you're history. instead of looking behind... delta is looking beyond. 80 thousand of us investing billions... in everything from the best experiences below... to the finest comforts above. we're not simply saluting history... we're making it. would absolutely not have taken a zip line in the jungle. i'm really gd that girl stayed at home. vo: expea helps 30 million travelers a month find what they're looking for. one traveler at a time
and without border security he is spending money on border security making faa slowdowns of using for one minute there will be money spent on border security on this administration you are nets. >> do they care what is in these things? look back gun-control. it was right off the mark with a mental health issues but they had a package and rush it through and expected it to pass. lou: when we come back, we will ask if there is any relationship between the fbi canceling last weenesday press...
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Apr 19, 2013
04/13
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the faa has discretion to implement cuts without furloughing air traffic controllers. like customs department, tsa, they have not acted to minimize potential impacts. airlines are not happy about this at all. they mentioned the tsa. the tsa line, there the tsa will not furlough anybody. they come up with anybody for that to minimize the i am packs. they're disappointed airlines, are the administration is doing that. secretary lahood says we have to save money somehow. i leave you with airline stocks. it has been a great year. hope that doesn't get blown up by all of this. i'm going on vacation on sunday. that is when the furloughs are starting to kick in. i will be reporting angrily from the airport if you see me on monday, i'm not going to be happy. tracy:. tracy: ashley will be back on monday. you know how he gets when he talks about airlines and airline experiences. between the two of you will be good tv. jeff flock. >> thanks, trace. tracy: quarter past the hour. we have to get a check on these markets. as we do, lauren simonetti on the floor the exchange. we're lo
the faa has discretion to implement cuts without furloughing air traffic controllers. like customs department, tsa, they have not acted to minimize potential impacts. airlines are not happy about this at all. they mentioned the tsa. the tsa line, there the tsa will not furlough anybody. they come up with anybody for that to minimize the i am packs. they're disappointed airlines, are the administration is doing that. secretary lahood says we have to save money somehow. i leave you with airline...
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Apr 19, 2013
04/13
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of air traffic controllerring told to stay home, control tower closed because of sequestration and faa chief said expect delays if you are flying this weekend. investors and markets try to work through the massive news flow, we watch every move, count down to the closing bell starts right now. liz: good afternoon i am liz claman, we want to get you latest and effort that led to what happening right now in boston bombing investigation. these two brothers now identified as marathon bombing suspects were living in cambridge, they are of chechen decent, under massive pressure after photos revealed yesterday, by fbi, killed an m.i.t. campus officer, then carjacked a mercedes suv overnight, police in hot pursuit chased them to watewatertown, a deafening gunft overnight ensued. shattering a neighborhood, listen to this. [ sound of gunfire ] dogs barking neighbors running people cowering in homes one of suspects 26-year-old tamerlan tsarnaev was killed his brother dzhokhar still on the loose, we'll keep up a split screen or depending on what is happening a big/little. we'll break in with any n
of air traffic controllerring told to stay home, control tower closed because of sequestration and faa chief said expect delays if you are flying this weekend. investors and markets try to work through the massive news flow, we watch every move, count down to the closing bell starts right now. liz: good afternoon i am liz claman, we want to get you latest and effort that led to what happening right now in boston bombing investigation. these two brothers now identified as marathon bombing...
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Apr 24, 2013
04/13
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neil: a republican senator and a democratic senator have the same question for the faa, if our budget is bigger, why are the delays getting longer, they want to know if you cut, why controllers and towers at the top of the list. not ought of the other stuff under -- not all other stuff under. senator, quickly garnering a lot of support for what he is calls protect our skies act. you want to know, look, we understand the sequestration cuts but we question why these cuts? >> absolutely. no business person would make the choice to cut things that effect their customers the most. why does government make that decision unless there is some motivation to get the consequences to be as dramatic and difficult as possible. neil: they say they have no choice. i don't know who is telling trulgingtruth, i have looked in, they say with these cuts they are almost preordained, these are cuts to some everyone agreed. i don't remember talking to a losalot of your colleagues at te time that sequestration would include automatically air traffic controllers, maybe i missed something? >> absolutely not the
neil: a republican senator and a democratic senator have the same question for the faa, if our budget is bigger, why are the delays getting longer, they want to know if you cut, why controllers and towers at the top of the list. not ought of the other stuff under -- not all other stuff under. senator, quickly garnering a lot of support for what he is calls protect our skies act. you want to know, look, we understand the sequestration cuts but we question why these cuts? >> absolutely. no...
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Apr 22, 2013
04/13
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dennis: the faa. melissa and lori investigate the agency backpedals on the so cluster cuts that are supposedly delaying flights. cheryl: sending his root growth. bernanke missing the big jackson hall meeting. that is coming up next. you are watching markets now. ♪ g. but my airline miles take it worldwide. [ male announcer ] it shouldn't be this hard. with creditcards.com, it's easy to seah hundreds of cards and apply online. creditcards.com.
dennis: the faa. melissa and lori investigate the agency backpedals on the so cluster cuts that are supposedly delaying flights. cheryl: sending his root growth. bernanke missing the big jackson hall meeting. that is coming up next. you are watching markets now. ♪ g. but my airline miles take it worldwide. [ male announcer ] it shouldn't be this hard. with creditcards.com, it's easy to seah hundreds of cards and apply online. creditcards.com.
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Apr 24, 2013
04/13
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the budget cuts, republicans say the faa should find somewhere else to cut the $16 billion budge. democrats say they can't do that. the way the law is designed does not give flexibility to do that so they propose a bill that would use up used war funding to replace all of the automatic budget cuts. it's called a budget trick so there's not much coming from capitol hill that's going to solve this any time soon. right now, the faa's administrator is testifying before capitol hill committee, and there's an argument whether or not the administration has structured these cuts to maximize delays. >> this imperial attitude on the part of the administration and you're the most recent of the imperialism is discussing. >> hardest thing to do is reduce these hours, but in order to hit the target, we need to hit, we don't have any choice. >> there's more than just cuts to the faa, and a short while ago saying there's frustration in the economic effects of the flight delays, but sequestering could cost the country and human kind a cure for aids, parkinson's or cancer referring to cuts in resea
the budget cuts, republicans say the faa should find somewhere else to cut the $16 billion budge. democrats say they can't do that. the way the law is designed does not give flexibility to do that so they propose a bill that would use up used war funding to replace all of the automatic budget cuts. it's called a budget trick so there's not much coming from capitol hill that's going to solve this any time soon. right now, the faa's administrator is testifying before capitol hill committee, and...
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Apr 23, 2013
04/13
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potential suspects and we're told it will be another month before a federal court decides whether the faa can furlough air traffic controllers because of a sequester, they say. causing flight delays around the country the d.c. circuit court of appeals say because they're such an efficient organization they have set a deadline of may 22nd and the main airline industry group to file documents before denying the request of the emergency stay trying to stop the furlough. they did not think that would be inconvenienced to thousands of workers but both parties are urging the administration to postpone or cancel the furloughs claiming cfa a is a tool with which the administration plays politics. the energy department announces its version of taxpayers using $21 million from troubled car maker fisker automotive. the company on the verge of bankruptcy now with $171 million. they spent $660,000, and many of those yours and mine with every $103,000 car it sold. up next to the boston and bombing suspect read miranda rights. what happened to enemy combat and? he has been assigned three public defender
potential suspects and we're told it will be another month before a federal court decides whether the faa can furlough air traffic controllers because of a sequester, they say. causing flight delays around the country the d.c. circuit court of appeals say because they're such an efficient organization they have set a deadline of may 22nd and the main airline industry group to file documents before denying the request of the emergency stay trying to stop the furlough. they did not think that...
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Apr 23, 2013
04/13
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ashley: outrage over faa furloughs and flight deys. lawmakers demanding answers from the white house. but those delays not stopping airline stocks from soaring. they're in the green today. we'll have all of that straight ahead. tracy: everyone is talking apple expected to report its first quarterly profit drop in 10 years. can apple do anything to stop the slide? we'll have a preview coming up. ashley: first at to the top of the hour, stocks back on track after a steep drop last hour. nicole petallides on the floor of the new york stock exchange. sandra smith is in the pits of the consider me. let's begin with nicole. i guess it as hacker flash crash of sorts, nicole. >> that is good way to call it. this is moment, whew, its all done. we made it through. look where market averages are. they are virtually where they were moments before we saw the market move into negative territory. the dow industrials up 130 points, a gain of 1%. like s&p 500, tech-heavy nasdaq best of the bunch. continuing trend we've seen three days in a row with up
ashley: outrage over faa furloughs and flight deys. lawmakers demanding answers from the white house. but those delays not stopping airline stocks from soaring. they're in the green today. we'll have all of that straight ahead. tracy: everyone is talking apple expected to report its first quarterly profit drop in 10 years. can apple do anything to stop the slide? we'll have a preview coming up. ashley: first at to the top of the hour, stocks back on track after a steep drop last hour. nicole...
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Apr 19, 2013
04/13
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the faa, the federal aviation administration issued a temporary file restriction over a section of the boston area to provide a safer environment for law enforcement activities. logan airport remains open under heightened security. most flights departing and arriving on schedule. greyhound bus service has been suspended. dagen: thank you so much. it is not just boston. this will be felt in the northeast. thank you so much. connell: a briefing any moment from local authorities. you will see it live. you will keep you up-to-date as we have been on what is happening in the markets throughout the day. mike baker joins us on the telephone right now. former cia covert operations officer and president these days of his own intelligence firm that he is a part of. one suspected terrorists has been killed. another is still at large just outside of the big american city. what stands out to you? >> well, i mean, so much for disgruntled tax filers irresponsible for your will attack. you know, this opens a single to all sorts of investigations. right now obviously there is a major effort not just ri
the faa, the federal aviation administration issued a temporary file restriction over a section of the boston area to provide a safer environment for law enforcement activities. logan airport remains open under heightened security. most flights departing and arriving on schedule. greyhound bus service has been suspended. dagen: thank you so much. it is not just boston. this will be felt in the northeast. thank you so much. connell: a briefing any moment from local authorities. you will see it...
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Apr 18, 2013
04/13
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reuters is reporting that the faa is expected to handle fewer flights during peak hours because furloughs at control towers. airlines are still trying to understand the impact of those furloughs. that is the latest from the fox business network giving you the power to prosper. tracy: prosecutors say this takes the cake. i like that. adam: ed jersey term. tracy: iris workers stealing benefits, the same workers charged with protecting the system. liz macdonald is here with the bottom line and i can't say we stay in new jersey. liz: good to be with you. this stories in memphis, tenn. dozen irs workers wrongfully charged, being charged with illegally taking government benefits. jobless benefits, food stamps, housing vouchers, welfare, we got a statement from the u.s. attorney on this. iris employees brazenly stealing from law-abiding taxpayers. in the district attorney saying they are freeloaders, doubly frustrated because they are bilking the government money and they know how to work the system being inside the system. we expect better from an irs agents. this is what the story has national
reuters is reporting that the faa is expected to handle fewer flights during peak hours because furloughs at control towers. airlines are still trying to understand the impact of those furloughs. that is the latest from the fox business network giving you the power to prosper. tracy: prosecutors say this takes the cake. i like that. adam: ed jersey term. tracy: iris workers stealing benefits, the same workers charged with protecting the system. liz macdonald is here with the bottom line and i...